2306 Manor Grove DrChesterfieldMO63017
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chesterfield at 2306 Manor Grove Dr, Chesterfield, MO, 63017 uses $119,009 cash to close to unlock $3,436/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $3,042/mo, and a $1,757/mo payment keeps the spread at $286/mo. Purchase price stands at $359,000, and rental yield measures 10.17% with $3,042/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 120.3% and total cumulative return in cash records $143,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,042/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1979
0.26 Acres lot
$N/A/sqft
$520 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63017, Chesterfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,019 (100%) |
| Owner Occupied HU | 13,584 (71.4%) |
| Renter Occupied HU | 4,028 (21.2%) |
| Vacant Housing Units | 1,407 ( 7.4%) |
| Median Home Value | $461,677 |
| Average Home Value | $524,846 |
Housing Distribution
Address Breakdown
Residential
18,513
Single Family
14,705
Multi-Family
3,808
Businesses
1,306
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Listed by: Beth Schultz • Dielmann Sotheby's Intl Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25022467
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